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Latest News on Ihh Healthcare
Showing of 0 - 10 from 32 results
Ihh Healthcare - Total results - 32
Jul 13, 2018
IHH offers strategically, financially compelling proposition along with simplicity and certainty, says Fortis chairmanBased on the IHH offer price of Rs 170 per share, the implied equity valuation for 100 percent of Fortis Healthcare is Rs 8,880 crore
Jul 11, 2018
Fortis Healthcare board to meet on Friday to consider fund raising through issue of securitiesCash-strapped Fortis Healthcare, which is in the process of finding a new investor, on Wednesday said its board will meet on 13 July to consider raising funds through issue of securities on a preferential allotment basis
Jul 03, 2018
Fortis acquisition: Munjal-Burman stay away from fresh bidding; IHH, Manipal-TPG in frayMalaysia's IHH Healthcare and Manipal-TPG combine have put in fresh binding bids for cash-strapped healthcare chain while Munjal-Burman combine, which had earlier emerged as the preferred suitor for Fortis Healthcare, has backed out from the race
Jun 27, 2018
Fortis Healthcare says 'systemic lapses' found in inter-corporate borrowings; findings submitted to SEBI and SFIOThe company has initiated legal action for recovery of these outstanding ICDs and other advances, Fortis Healthcare said
May 30, 2018
Fortis stake sale: Board outlines fresh bidding process, bidders given 10 days for financial, legal due diligenceThe bids should also provide a plan for funding Fortis’s acquisition of RHT Health Trust’s Indian assets, agreed in November, and options to private equity investors to exit Fortis’s unit SRL Ltd.
May 28, 2018
Fortis saga continues: Munjal-Burman give consent to reopen bidding process, express anguish over 'indecision'Fortis Healthcare, however, did not clarify whether it will re-open the bidding process.
May 24, 2018
Fortis stake sale: Manipal Health Enterprises-TPG combine extends validity of revised offer to 6 JuneManipal-TPG combine has said it has extended the validity of its modified offer for Fortis Healthcare to 6 June, 2018.
May 23, 2018
Fortis Healthcare shareholders vote out Brian Tempest from company's Board amid ongoing stake saleFortis Healthcare on Wednesday said its shareholders have voted in favour of removal of Brian Tempest from the Board of Directors
May 18, 2018
Fortis stake sale: Malaysian firm IHH Healthcare back in race with bid validity extended to 29 MayIHH Healthcare had increased its offer to directly invest in Fortis Healthcare at Rs 175 per share on 1 May. It had initially made a non-binding offer to invest in Fortis at Rs 160 per share.
May 11, 2018
Fortis Healthcare's director Brian Tempest says Munjals-Burmans bid was prefered owing to certainty, liquidityMajority of Fortis Healthcare's board opted for the Munjals-Burmans offer keeping in mind the certainty and liquidity issues, the company's director Brian W Tempest said